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Gaming-News This-Week 5/Sun/May/2019

Todays Gaming-News: 11/May/2019.* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

9. Prospects for the Development of the Mobile Gaming Market. http://bit.ly/2WwNiedFrom year to year, the mobile gaming market is gaining momentum. Will this trend change its direction in 2019?

8. As the Playoffs Heat Up, the NBA Looks to Profit From Gambling. https://bloom.bg/2LENsPIA new reality is setting in for U.S. sportsbooks: Some will lose access to official NBA data in the coming days, right in the middle of the playoffs.

7. How the California Hotel shaped Las Vegas into Hawaii’s ‘ninth island’. https://nbcnews.to/2vThTH6When Harriet Shobu first stepped foot in the California Hotel and Casino in Las Vegas in 1983...

5. New Hampshire Sports Betting Bill Has Clear Path to Passage After Senator Steps Back. http://bit.ly/2Yn0dA0It appears NH sports betting is on its way to legislative approval after a key senator backed down from a game of chicken to attach a doomed casino expansion to the proposal.

4. NCAA to consider Las Vegas for future Frozen Four, committee chairman says. http://bit.ly/2HmlnrcFor years, Las Vegas sports fans have bemoaned the NCAA’s archaic ban of national championship events in the area because of gambling.

3. Are Atlantic City casinos cashing in on Vans Warped Tour? http://bit.ly/2Jd0JNnThe final weekend in June is shaping up to be a major tourism draw and the resort’s nine casinos have priced their hotel rooms accordingly.

2. The New Gold Rush: Illinois Lawmakers Are Growing Worried as Neighbors Move to Expand Gambling. http://bit.ly/2E4whkjAs part of an ongoing investigation into video gambling and its impact in Illinois...

1. How Football Index is betting on a different future in soccer gambling. http://bit.ly/2JyDwVlFootball Index marks a new venture into the sports betting world. Rather than gamble on the short-lived outcome of a single match.

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Todays Gaming-News: 10/May/2019 NTG.* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

18. New York) Through more than four hours of testimony during a legislative hearing Wednesday on how sports betting might work in New York State... http://bit.ly/2EcoMYT

17. Pennsylvania) Don’t jump the gun. In the case of the Sands Bethlehem Casino Resort sale, local officials expected to see the item taken up for state approval at the Pennsylvania Gaming Control Board’s May 15 meeting in Harrisburg. http://bit.ly/2LBxrdt

16. Indiana) A table game dealer at Hollywood Casino Lawrenceburg is facing criminal charges after he was allegedly caught cheating. http://bit.ly/2YldjxG

15. Illinois) If the state of Illinois wants more revenue from video gambling, one gaming industry executive said Thursday... http://bit.ly/2Jt8zSe

14. Oklahoma) The Choctaw Nation of Oklahoma is placing a more than $500 million bet on expanding the Choctaw Casino & Resort in Durant, Oklahoma, more than 330 miles north of Houston. https://abc13.co/2YhV787

13. Las Vegas) Longtime gaming industry executive Alan Feldman has joined the International Gaming Institute at the University of Nevada, Las Vegas as a Distinguished Fellow in Responsible Gaming. http://bit.ly/2WCsJgj

8. Macau) Walt Power, non-executive director and former CEO of South Shore Holdings, owner of THE 13 Hotel in Macau, has moved to deny recent media reports concerning his departure from the company as CEO. http://bit.ly/2VqY4WS

7. Philippines) The sudden surge of offshore gambling firms during Duterte is not surprising. In the 1980s, the widespread inefficiency of and rent-seeking in Philippine government-owned and controlled corporations (GOOCs) limited state investment on public goods that could have reduced the cost of investing... http://bit.ly/2WHgQpL

5. Deconstructing DonacoAustralia-listed Donaco has falling revenue, no CEO, a multinational legal dispute with a major shareholder, a new largest shareholder that wants out, a gutted share price and a pair of unmatched frontier market border casinos. Otherwise, it’s doing great. http://bit.ly/2Vf9nfN

3. MGE sees revenue, income fall in first quarter of 2019. http://bit.ly/2LBm3hzMohegan Gaming & Entertainment, the company behind the Mohegan Sun in Connecticut and Inspire Korea in Incheon, recorded a fall in net income and revenues for the quarter ended March 31, 2019.

2. Wynn Palace revenues not enough to offset overall revenue decline. http://bit.ly/2Hea0BkStrong results for Wynn Palace was not enough to fully offset the total revenue decline for Wynn Resorts in 19Q1, with Wynn Macau and Las Vegas operational revenue falling in the quarter.

1. Robust rules lacking in live casino boom. http://bit.ly/2Vv5Te2Cambodia is Indochina’s undisputed king of live dealer gaming, with land-based casinos rushing to install dedicated set-ups to stream action from gaming floors to online players.

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Todays Gaming-News: 9/May/2019 NTG.* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

17. Atlantic City) A major U.S. sports network is getting into the sports betting game. http://bit.ly/2VfgHYS

16. Washington D.C) Jonodev Osceola Chaudhuri has a new job lined up now that he’s leaving the National Indian Gaming Commission...http://bit.ly/2V7KBOF

15. Alabama) A proposal to start a state lottery in Alabama is heading to a public hearing in the state House of Representatives. http://bit.ly/2Ho8Ljl

14. Pennsylvania) More than a year after Las Vegas Sands revealed it was selling off its Bethlehem casino to an Alabama-based Indian tribe, the $1.3 billion sale is expected to go before state regulators next week. http://bit.ly/2H9PfXF

13. Oklahoma) After many years of discussion, planning and hard work, today, Wednesday, May 3, 2019, a groundbreaking ceremony for the Lucky Star Casino Watonga Hotel & Convention Center was held in Watonga, OK. http://bit.ly/2vMA5Cp

12. Las Vegas) More than four years after he imploded the Clarion, developer Lorenzo Doumani has received approvals to build a luxury hotel in its place near the north Strip. http://bit.ly/2Yg8ndf

11. New York lawmakers mull sports betting on mobile devices. http://bit.ly/2VWqS97New York will lose out on hundreds of millions of dollars or more if it doesn’t...

10. Indiana joins list of states legalizing sports betting. http://bit.ly/2vMy5dnSports betting will become legal in Indiana and construction of two new casinos will be...

3. Sands China reveals gaming and non-gaming features of The Londoner Macao. http://bit.ly/2Ho6PY7Sands China’s transformation of Sands Cotai Central into The Londoner Macao will see the property's main façade…

17 Massachusetts) A vote in the U.S. House of Representatives Wednesday will help decide the fate of the First Light Resort and Casino in Taunton. http://bit.ly/2J7Pk1h

16. North Carolina) A Congressional bill that would make way for a new casino is sparking controversy in western North Carolina. http://bit.ly/2YeEmKW

15. Ohio) Gambling revenue at Ohio’s 11 casinos and racinos totaled $160.2 million in April, down 1.1 percent from a year ago...http://bit.ly/2YgCZLU

14. Michigan) The Michigan House Ways and Means Committee recently held a hearing to discuss several gaming expansions under consideration by the legislature...http://bit.ly/2H8txUS

13. WSOP: NJ online poker players can compete for bracelets despite Wire Act worries. http://bit.ly/2WvsBPLDespite the looming threat of the Department of Justice’s enforcement of the Wire Act, NJ online poker players will still get the...

12. Germany submits State Treaty to European Commission. http://bit.ly/2V5ulxPGermany has submitted its third amended State Treaty on Gambling to the European Commission as it seeks to extend a seven-year trial of open competition in the market.

11. UKGC enforces new code on player age & ID. http://bit.ly/2J6ESY5The UK Gambling Commission has introduced new age-verification rules that...

10. In-play betting and the future of exchanges in the USA. http://bit.ly/2Ja0qmmIt’s news to no one that the US betting market is about to explode, state by state, as betting on sports becomes legal.

9. "At risk" players and the risk of competition. http://bit.ly/2WwVqLCRecent weeks have seen GVC, Svenska Spel, and number of other online gambling operators all calling for a total ban on broadcast advertising.

3. Maryland casinos generate $145.2 million in revenue in April. http://bit.ly/2Lu9ILWMaryland’s six casinos generated a combined $145.2 million in revenue in April...

2. MLB’s Gamble On Integrity Fees And Its Official Data Stream Getting Pushback From Gaming Operators. http://bit.ly/2WvDBwsAs legalized sports wagering becomes more prevalent outside of Nevada and New Jersey..

1. What is next for Trump Plaza and the Atlantic Club? http://bit.ly/2J7tUl3Bob Smith is at a loss for words when trying to explain to tourists what is happening with the Boardwalk’s two biggest vacancies.

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Todays Gaming-News: 7/May/2019 NTG.* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

​18. This Week in Gambling. Video: http://bit.ly/2H23Mo6We've had two addition states pass sports betting regulation, with another two on the edge of legalizing it as well.

17. US states about to legislate should treat eSports betting in a similar way to traditional sports. http://bit.ly/2LvJed2

12. MBS, Genting to pay fair market value for Singapore land. http://bit.ly/2J1rynyMarina Bay Sands and Genting Singapore will pay fair market value for the land they have been allocated as part of a S$9 billion ($6.65 billion) expansion of their properties in Singapore.

11. Singaporeans pay S$1.3b in casino entry fees. http://bit.ly/2JtgWxrSingaporean citizens and permanent residents have paid about S$1.3 billion in casino entry fees since the island state’s two IRs opened in 2010.

10. Illegal betting kingpins arrested on Sunday. http://bit.ly/2VhShCWIndia’s authorities have arrested two top-bosses of an international betting syndicate...

9. Melco receives workplace accolade. http://bit.ly/3032NNeMelco Resorts & Entertainment has been named among the Best Companies to Work for in Asia 2019 in the hospitality sector for Hong Kong and Macau.

7. Donaco International co-founder Joey Lim says he still has full confidence in the future of the company’s…

6. Inside Asian Gaming*will host the second installment of Macau After Dark (MAD) this Friday 10 May 2019…

5. Macau junket operator Suncity Group will launch its 14th international VIP Club and second in Cambodia…

4. New Nevada Gaming Control Board chair bracing for challenging months ahead. http://bit.ly/2LumlqDIt seems the use of Sandra Douglass Morgan’s array of experience in gaming and in sports couldn’t have come at a better time for state gaming regulation.

2. Maine sports betting legislation faces further study. http://bit.ly/2H17tKDLawmakers said Monday they need more time to decide on a push to allow sports betting in Maine that’s been spurred by a U.S. Supreme Court decision.

Todays Gaming-News: 6/May/2019 NTG.* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

31. Following reversal at Wynn, is free parking on the Las Vegas Strip making a comeback? http://bit.ly/2Lu5OD2Free drinks. Free buffets. Free hotel stays. Each perk at one time padded every visit to the Strip and up until a few years ago, that list included free parking.

30. Caesars Entertainment and Caesars Foundation launch Economic Equity Tour. http://bit.ly/2DSnyByThe six-city tour will provide education and skill development to current and potential employees, suppliers and community members.

29. Golden Nugget Las Vegas presents Honky Tonk at The Tank. http://bit.ly/2LpQUxzGolden Nugget's revamped poolside bash features a limited residency with local band The Rhyolite Sound.

23. Macau's gaming revenue expected to resume growing since May. http://bit.ly/2PQ6JMk​22. Gambling expansion, sports betting on collision course as end of Illinois’ legislative session nears. http://bit.ly/2Lq82DcThe smart money says that if Illinois lawmakers are going to legalize sports betting this spring, it’s going to be part of a larger gambling expansion deal that also includes new casino licenses and expanded betting options at horse tracks.

20. Kentucky Derby disqualification costs bettors around $9 million. https://es.pn/2vNamtfIt will go down in betting lore as the $9 million disqualification. Kentucky Derby favorite Maximum Security crossed the finish line first but was subsequently disqualified Saturday, making long shot Country House the winner.

19. (New York) New York lawmakers are considering legislation that would allow wagering on sports on mobile devices, an issue that's also being debated in other states. The Senate Standing Committee on Racing, Gaming and Wagering will hear testimony Wednesday in Albany. http://bit.ly/2YfeEWN

18. (Atlantic City) More than 10,000 casino and hospitality employees will have the opportunity Friday to vote for union leadership, and the choice is between two familiar tickets. Bob McDevitt, president of UNITE HERE Local 54 since 1996, is being challenged by Al Tabei for control of the labor union that represents nearly one-third of casino workers in Atlantic City. http://bit.ly/2vG9CGi

17. (Atlantic City) A perennially challenged Atlantic City casino will finally turn a profit this month and chart the way forward under the ownership of a New York hedge fund. The Ocean Casino Resort, which until a few weeks ago was known as the Ocean Resort Casino, has greatly reduced its debt and will return to profitability in May, according to Eric Matejevich, the interim CEO managing the oceanfront property while an ownership transfer takes place. http://bit.ly/2Y3y94u

16. (Alabama) After clearing the state Senate without a vote to spare, a proposal to establish a state lottery in Alabama faces an uncertain outlook in the House of Representatives. House members are seeking changes to the bill including how the state will use lottery revenue. http://bit.ly/2PRoHhF

15. (Virginia) Local church leaders are not thrilled with the possibility of Danville taking a gamble on luring in a casino. Most ministers who talked to Danville Register & Bee are morally opposed to the idea, saying a betting establishment will encourage residents, especially the poor, to spend money they don’t have and become addicted to gambling. http://bit.ly/2vGbDmb

14. (Tennessee) This week, the Tennessee legislature passed a bill to legalize online sports betting. Here are five things to know about the legalization. http://bit.ly/2PUtAGU

13. (Iowa) As legislators recently cleared the way for the state’s newest gambling expansion into online-based sports wagering, Sen. Joe Bolkcom waved his smartphone on the Senate floor and hailed the alluring device as Iowans’ new pocket casino. http://bit.ly/2vHJWsY

12. (Uganda) The Uganda Lotteries and Gaming Regulatory Board has prequalified Gaming Laboratories International to provide independent testing laboratory services for the financial years 2018-2022. http://bit.ly/2H6HQcS

11. (Canada) The Ontario government has eliminated funding to an organization that researches problem gambling, ordering it to wind down operations by the summer. http://bit.ly/2PR5Tip

10. (Japan) The education ministry has come up with reference documents for high school teachers to guide them in preventing addiction to gambling and other activities and substances. http://bit.ly/2LALO1k

8. Macau to face worker shortages. http://bit.ly/2WtbSfQMacau is likely to face a shortfall of about 7,525 workers by 2020, with vacancies most likely to be in senior and middle management, according to a government survey.

7. Ian Fok takes over for Stanley Ho at STDM helm. http://bit.ly/2LpEzJJIan Fok, the second son of gaming tycoon Henry Fok, has taken over as the new chairman of Sociedade de Turismo e Diversões (STDM).

6. Macau VIP leakage not a result of ASEAN casino rise. http://bit.ly/2J8nWjZLower VIP gaming tax and the improving quality of casinos in the ASEAN region will see more high-rollers trying their luck in casinos located in Cambodia and the Philippines, say analysts from Morgan Stanley.

5. Visitor arrivals surge during May Labor Day holiday. http://bit.ly/2H5SkckVisitor arrivals to Macau during the four day Labor Day holiday surged by 37 percent year-on-year, according to provisional statistics.

4. Overseas leakage not to blame for Macau’s VIP revenue slowdown: Morgan Stanley. http://bit.ly/2GZYgCtConcerns over the loss of VIP business from Macau to increasingly attractive regional destinations are unfounded…

​Todays Gaming-News: 5/May/2019 NTG.* Anyone is Welcome to DISCUSS, ADD or TAKE Gaming-News from HERE.

10. Though future online, casinos pour cash into sportsbooks. http://bit.ly/2WoIqaTMobile apps might drive the future of sports gambling in the United States, but casinos are still betting big on physical sportsbooks as legal wagering expands to new places.

9. Problem gambling gets less than sought by Nevada governor. http://bit.ly/2ZZ8sDONevada lawmakers Friday voted to reduce what the governor sought for the problem gambling program by more than half and rejected the idea of earmarking Gaming revenue to pay for it.

8. Montana governor signs sports betting bill, state hopes to have wagering by football season. http://bit.ly/2VFwBAdMontana became the first state to legalize sports betting this year after Gov.

7. Colorado voters could decide on allowing sports betting in casinos. http://bit.ly/2J0QzPRIn the final day of the 2019 Colorado General Assembly, lawmakers have given final approval to asking voters if they’ll allow licensed casinos in Colorado the ability to take wagers on sporting events. The measure will head to Governor Jared Polis for approval.

6. Las Vegas-based sports betting funds run by ex-felon eyed by SEC. http://bit.ly/2vEYCcwOne investor, a retired engineer from Texas, thought of traveling more with his grandchildren as his $50,000 investment in Vegas Basketball Club climbed to more than $700,000 in 15 months.

5. Las Vegas’ latest building boom: NFL stadium and new resorts. https://lat.ms/2GYmWv0Travelers will see a different Las Vegas in the coming months, including a new NFL stadium for the coming Las Vegas Raiders, two new resort complexes and a convention center expansion.

4. Washington to create a statewide no-play list to help gambling addicts. https://kiro.tv/2ViHHvqWashington lawmakers are trying to step up efforts to address gambling addiction and ensure the resources are available for those in crisis. Governor Jay Inslee signed a bill, sponsored by Democratic Rep.

2. Adelson-owned casino scores victory in Pennsylvania’s high court. http://bit.ly/2J0VMHcA component of Pennsylvania’s 2017 gambling expansion law was struck down late last month. The legal challenge was led by Sands Casino Resort Bethlehem, owned by Las Vegas casino magnate Sheldon Adelson.

1. Parq Vancouver misses debt payment as casino seeks to refinance. https://bloom.bg/2JgnSxHLuxury casino Parq Vancouver’s parent company missed an interest payment on a second-lien loan as it struggles to refinance debt taken on to build one of the largest-ever private developments in British Columbia. Parq Holdings LP was downgraded to selective default from CCC by S&P Global Ratings Thursday after the expiry of a 30-day grace period.

​This-Weeks Hot-News.

H10. Wynn Resorts ends ‘despised’ paid parking at its Las Vegas Strip resorts. http://bit.ly/2PJ5RJFWynn Resorts ended it two-year-old paid parking program in Las Vegas, announcing Monday it was offering free self-parking at its Wynn Las Vegas and Encore garages for all guests, without limitation, and without the need for validation.​H9. MGM: Companywide workforce reduction to cover 1,000 job eliminations by June. http://bit.ly/2H2HvaZMGM Resorts International said Monday its total workforce reduction will cover roughly 1,000 employees by June – almost four times the number of positions the company said it eliminated last week. The Las Vegas-based casino giant spent a good portion of first quarter earnings conference call discussing the MGM 2020 cost reduction efforts, which the company believes will lead to an additional $300 million in cash flow by 2021.

H5 What is a gaming regulator’s job? http://bit.ly/2VOEcfCGambling regulators in Louisiana, New Jersey and Massachusetts have some big issues on their plates and no one is quite sure what to expect. Big issues in regulation are not uncommon in gaming. Casino gaming is a highly regulated industry and regulators play very prominent roles. As conditions change and the industry evolves, regulators are faced with adapting to new circumstances and that can be challenging.

H4. Murren says the focus is on MGM 2020, downplays any deal for the Cosmopolitan. http://bit.ly/2WtAVzKJim Murren attempted on Monday to stamp out speculation that MGM Resorts International wants to acquire the Cosmopolitan of Las Vegas, which was put up for sale two weeks ago. I’m not sure he succeeded. MGM’s CEO would rather have the investment community focus on the MGM 2020 corporate restructuring program, which the company expects will result in $300 million of additional cash flow by 2021.

H3. Too big to fail U.S. Pacific Island casino keeps failing. http://bit.ly/2V0X8DtLast Friday’s Marianas Variety newspaper reports the Rotary Club of Saipan raked in US$34,000 from a Las Vegas Night. Perhaps the Rotarians can teach Imperial Pacific International how to operate a profitable casino on the U.S. Pacific island, part of the Commonwealth of Northern Marianas Islands.

H2. Macau’s casino market suffers largest revenue decline in almost three years during April. http://bit.ly/2IVPR6v

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